15A, MONTEREY DRIVE, LOCKS HEATH, SOUTHAMPTON, SO31 6NW - £631,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15A MONTEREY DRIVE is a very large detached house of 178m². It was last sold for £631,000 in March 2016, which was around 56% above the average March 2016 detached price in the Fareham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

15A MONTEREY DRIVE Sold Prices

Land registry data shows two sales for 15A MONTEREY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 15A MONTEREY DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 18 MAR	£631,000	£405,004	56% above HPI
2013 11 OCT	£470,000	£329,173	43% above HPI

15A MONTEREY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 15A MONTEREY DRIVE sales from October 2013 and March 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2013 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2016 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 15A MONTEREY DRIVE?

15A MONTEREY DRIVE is 178m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 15A MONTEREY DRIVE lies on this distribution: 91% of detached houses are smaller than 15A MONTEREY DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15A MONTEREY DRIVE: Plot and Title Map

15A MONTEREY DRIVE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 15A MONTEREY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15A MONTEREY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15A MONTEREY DRIVE?

15A MONTEREY DRIVE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 15A on MONTEREY DRIVE.